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SVITHUN BYGG AS
AS
Active
Org 922779376
Storgata 6, 4010 Stavanger
Construction of residential and non-residential buildings · NACE 4100
Est. 2019
5 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,5M
+106% vs 2023
EBITDA margin
11.8%
+253% vs 2023
Equity ratio
6.1%
Financial strength
Net profit 2024
NOK 196K
+154% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 3,5M
+106%
EBITDA
NOK 407K
+253%
Net profit
NOK 196K
+154%
Total assets
NOK 1,1M
+0%
Equity
NOK 65K
+150%
Employees
5
—
Company information
Legal name
SVITHUN BYGG AS
Org number
922779376
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
21. mai 2019
Share capital
NOK 30 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene. Daglig leder alene.
Company purpose
Drive bygg virksomhet, samt tilhørende aktiviteter, herunder å delta i andre selskaper med lignende virksomhet.
Contact
Address
Storgata 6, 4010 Stavanger
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Explore
Companies in Construction of residential and non-residential buildings
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
0M
2020
1M
2021
2M
2022
2M
2023
3M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
209
501
1 752
1 677
3 455
Staff expenses
−48
−115
−605
−583
−605
EBITDA
−21
123
268
−266
407
Depreciation & amort.
−0
−22
−30
−111
−143
EBIT
−21
102
238
−377
264
Net financials
−7
−2
−9
−41
−54
Profit before tax
−28
99
229
−418
209
Tax
−6
22
46
−56
13
Net profit
−22
77
183
−362
196
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
36
251
547
1 076
1 076
Equity
−29
49
232
−131
65
Long-term debt
38
61
9
570
452
Short-term debt
26
141
306
638
558
Total debt
64
202
315
1 207
1 011
Financial ratios
5-year trend
EBITDA margin
11.8%
This company
15.8%
Market median
-25% vs market
2020
2024
Equity ratio
6.1%
This company
38.2%
Market median
-84% vs market
2020
2024
Return on equity
300.3%
This company
18.4%
Market median
+1532% vs market
2020
2024
Net profit margin
5.7%
This company
8.1%
Market median
-30% vs market
2020
2024
Asset turnover
3.21×
This company
1.12×
Market median
+187% vs market
2020
2024
Debt / equity
15.49×
This company
0.62×
Market median
-2398% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
AF
Abdulsalam Faraj Bin Nasja
Chief Executive Officer
Chief Executive Officer
2019 – 2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MB
Mohamed Baccar
Chairman
2021
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of SVITHUN BYGG AS also hold positions in
0
other companies.
Person
Role here
Other companies
Abdulsalam Faraj Bin Nasja
Chief Executive Officer
0 companies
Mohamed Baccar
Chairman
0 companies